BRITISH COLUMBIA – Despite economic uncertainty both domestic and international, 87% of BC construction contractors expect 2024 to be as busy – or even busier – than last year, according to the...
startup stories BUSINESS NEWS
MILLENNIAL DEVELOPMENTS OPENING DOORS TO HOMEOWNERSHIP FOR YOUNG BUYERS
KELOWNA - Under the pressure of rising housing costs, interest rates, and inflation, the number of Canadians who feel they will never be able to purchase a home has never been greater, a sentiment...
$36 BILLION IN CRITICAL MINERALS INVESTMENT AT STAKE IN BC
BRITISH COLUMBIA - Sixteen proposed critical mineral mines, representing $36 billion in near-term investment, 300,000 person-years of employment and $11 billion in tax revenues, are at a key...
BC FUND TO SUPPORT MANUFACTURING
BRITISH COLUMBIA – The BC Manufacturing Jobs Fund has been a catalyst for creating good jobs and growing local economies across BC by bolstering the province’s manufacturing sectors, according to...
FRASER VALLEY CLOSES OUT 2023 WITH LOWEST ANNUAL SALES RECORDED IN 10 YEARS
SURREY - High interest rates kept a lid on sales and listings in the Fraser Valley in 2023, while holding year-over-year price growth to low single digits. The Fraser Valley region ended the year...
Save Our Streets Coalition Membership Nearly Doubles
BRITISH COLUMBIA – The number of companies and organizations backing the Save Our Streets coalition that wants an end to the unprecedented wave of theft, property crime and street violence across BC...
RBC Purchase Of HSBC Approved By Department Of Finance
OTTAWA - The Royal Bank of Canada (RBC) has purchased HSBC Bank Canada (HSBC), and the transaction has been approved by the Department of Finance Canada. The sale was announced in November, 2022...
CHINA & US MARKET UPDATES: WAITING FOR DEMAND
As seen in Winter 2024 Truck LoggerBC Market Report BRITISH COLUMBIA - In October 2023, I travelled for one week in Europe and two weeks in China to obtain a first-hand view of industry and market...
TLA: TACKLING A DIFFERENT KIND OF CLIMATE CHANGE
As seen in Truck LoggerBC Winter 2024 TLA Executive Director’s Message BRITISH COLUMBIA - Suffice it to say there is an abundance of headlines about the environmental climate challenges facing us....
BCREA: MORTAGAGE RATE FORECAST
BRITISH COLUMBIA - After hitting a 15-year high in late fall, long-term Canadian bond yields have been tumbling to finish the year as financial markets reckon with slowing inflation and the...
2024 LOWER MAINLAND REGION PROPERTY ASSESSMENT HIGHLIGHTS AVAILABLE
VANCOUVER — In the next few days, owners of more than a million properties throughout the Lower Mainland will receive their 2024 assessment notices which reflect market value as of July 1,...
INNOV8 DIGITAL SOLUTIONS BUYS ONTARIO COMPANY
BRTISH COLUMBIA – Innov8 Digital Solutions has expanded its network of stores to 10 with the acquisition of Sudbury, Ontario-based Laurentian Business Products Center Inc. Innov8 is Canada’s largest...
EVERGEN INFRASTRUCTURE ANNOUNCES COMPLETION OF THE FRASER VALLEY BIOGAS EXPANSION
ABBOTSFORD - EverGen Infrastructure Corp. announces the successful completion of the Fraser Valley Biogas expansion and the delivery of first gas injection. Having acquired the facility in 2021,...
BCREA: October 2023 Canadian Monthly Real GDP Growth
BRITISH COLUMBIA - Canadian real GDP was nearly unchanged for the third consecutive month in October. Manufacturing contracted 0.6 per cent in October, led by declines in durable goods. Construction...
LANGLEY CHAMBER: Q4 CANADIAN SURVEY ON BUSINESS CONDITIONS
Data For Business' is an effort of the Langley Chamber, in partnership with the Canadian Chamber, to bring our members reports, stats and analysis on economic and business data to help inform...
CPABC: TRANSFERRING A FAMILY BUSINESS? NEW TAX LAWS COMING IN JANUARY
BRITISH COLUMBIA- New rules for owners transferring their business to next generation family members or employees will soon take effect The 2023 federal budget introduced new tax rules for owners...